New Application Deadline and Updates for the Regional Relief and Recovery Fund (RRRF)

In response to the ongoing needs of small- and medium-sized (SMEs) in our community, the Regional Relief and Recovery Fund (RRRF) provided by the Government of Canada is continuing to offer financial support to women-owned and -led enterprises. The objective of this program is to assist western Canadian SMEs that do not qualify for federal government funding supports such as the Canada Emergency Business Account (CEBA), the Business Credit Availability Program (BCAP), and others (see below).

The Government of Canada has recently announced an additional top-up of $20,000 to the original $40,000 loan program, with the two loans totaling up to $60,000 available through the Western Economic Diversification Canada (WD) – Women’s Enterprise Initiative (WEI) organizations stream.

WECM continues to provide Regional Relief and Recovery Fund (RRRF) supports, application submissions, and loan aftercare for eligible women-owned enterprises struggling to meet working capital needs and to help alleviate financial hardship resulting from COVID-19.

Along with this new RRRF Program support, we look forward to providing assistance to women entrepreneurs province-wide through our business advisory services and our startup and expansion loans.


  • A woman (or women) who own and control at least 50% of a business that is located and registered in Manitoba
  • A Canadian citizen or Permanent Resident
  • Eligible Applicants include Sole proprietors, Partnerships, Social Enterprises and Corporations
  • Applications are submitted by the deadline of June 30, 2021 (any change in extending this deadline will be communicated directly)


  • Maximum assistance is up to $60,000
  • If applicants are seeking the additional $20,000 loan over and above the original $40,000 RRRF loan they were approved for, this new program is only available to clients who received their original loan through WECM. (NOTE: if you were approved for RRRF financing at another institution, we recommend you contact that lender to see if you qualify for the top-up program.)
  • 0% interest and no payments until December 31, 2022
  • Principal payments can be made voluntarily at any time
  • If the loan is not repaid by December 31, 2022, the loan will be converted to a 3-year term with interest rates of 5% effective January 1, 2023. The full balance must be repaid no later than December 31, 2025

If the balance is repaid on or before December 31, 2022, the following percentage of the contribution becomes a forgivable grant:

  • 25% (not to exceed $10,000) on the first $40,000
  • 50% on the amounts above $40,000 and up to $60,000 (not to exceed $10,000)


  • Salaries and benefits on amounts not already covered through the Canada Emergency Wage Subsidy (CEWS)
  • Property taxes
  • Rent or lease payments on amounts not already covered through the Canadian Emergency Commercial Rent Assistance (CECRA) for Small Business
  • Utilities
  • Cleaning supplies and additional safety measures
  • Bank interest/charges
  • Office supplies and vehicle operating expenses
  • Lease payments for existing equipment and machinery
  • Professional fees
  • Insurance
  • Other eligible expenses associated with retooling, rethinking workflows, automation, robotics, developing new markets, etc.


  • Must have been an existing, viable business prior to COVID-19 March 1, 2020 (please talk to one of our Business Advisors on whether or not you meet this criteria)
  • Must not have received any other federal relief supports for the same expenditures
  • Must not have received other federal government COVID-19 loan accounts such as:
        • Canada Emergency Business Account (CEBA)
        • Business Credit Availability Program (BCAP)
        • Emergency Loan Program for Indigenous Businesses
        • RRRF – WD Program
        • RRRF – Community Futures Program
  • Use of funds for the pre-payment of existing loan debt, outside of regularly scheduled debt payments, is prohibited.


  • Professionally prepared Financial Statements for the last 2 fiscal years (including an Income Statement and Balance Sheet)
  • Current year-to-date financials
  • A copy of current government issued photo ID
  • RRRF Loan Application
  • You will be asked to complete a Personal Statement of Affairs (PSA)
  • You will be asked to provide a 800 character description of your business
  • You will be asked to provide a 800 character description of the impact that COVID-19 had on your business
  • You will be asked to provide a 800 character description of how the RRRF will assist your business going forward

If this sounds like something you would be interested in to assist your business in recovering from COVID-19 disruption, please contact Client Services at or call 204.988.1860 to discuss further.


WECM Frequently Asked Questions for RRRF Expansion Loan

WECM Frequently Asked Questions for RRRF Loan

WECM RRRF Application Existing Clients

WECM RRRF Application – Women Owned Businesses

WECM RRRF Application – $20,000 Top-Up

Personal Statement of Affairs

Pour obtenir de l’aide concernant votre demande au titre du FARR et d’autres services en français, veuillez communiquer avec le Conseil de développement économique des municipalités bilingues du Manitoba.